Three currencies actively traded on the forex market are heavily influenced by the prices of commodities, these being the Australian, Canadian, and New Zealand dollars. These commodity currencies are at or just past the peak of their cycle, with further downside trending potential.
The Canadian dollar is influenced by prices for crude oil, gold, and forestry […]

Read More

Until recently, movement in the Australian dollar/Japanese yen was dominated by the carry trade. In this scheme, investors borrow money in a nation with a low interest rate, such as Japan at 0.5%, the United States at 2.0%, or Switzerland at 2.75%. The funds are then invested in a nation with a high interest rate, […]

Read More